Eric Buell Racing bankruptcy hits launch of the HX250R

Eric Buell Racing commonly known as EBR had partnered with Hero to produce performance bikes in India to improve the market leader's stance in the other two – wheeler segments as well. First on the line to be launched is the Hero HX250R. However, the launch is said to be delayed after EBR filed for bankruptcy recently.

The HX250R is a highly anticipated bike and was given technical features by EBR and has advanced features that is not seen on most performance bikes made in India. EBR had filed for bankruptcy in April and left more than a hundred employees without a job and over 20 million USD in liability.

It is unclear whether Hero's partnering with EBR would help them overcome the crisis but it should mean a clear delay in the launch of the HX250R and the postponement might reach the end of the current financial year, as reported by Autocar.

The bike features a Geodesic Tubular Frame and weighs just 139 kg. Powered by a 249cc liquid cooled engine, capable of producing 31 hp and 26 Nm of torque, the bike also gets custom riding modes. The bike is claimed to hit 100km/h in under 9 seconds. The US based EBR has yet not confirmed if the company will back off from supporting Hero in its ventures.

Last updated on 29-05-2015. Published on 29-05-2015. Written by Vikas Vinod.
Published by Bikes4Sale in category News